Civic Intelligence

Sailsafe Foundation Ltd

EIN 84-4029949 • 501(c)3 • Manhasset, NY

Pub. 78 Eligible990-N CoverageNTEE M40

Profile

To provide improved safety in recreational and competitive sailing through research and education and hands on experience.

122 Country Club DriveManhasset, NY 11030

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

NTEE M40 • <$500k nonprofits • Source year 2024

Asset Growth

17th percentile

-17%

Faster asset growth than 17% of similar nonprofits.

NTEE M • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$42,409

Down $8,546 (-17%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$42,409

Down $8,546 (-17%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$8,546

Down $30,992 (-78%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2021: $99,985Net Assets 2021: $99,9852021Assets 2022: $90,493Net Assets 2022: $90,4932022Assets 2023: $50,955Net Assets 2023: $50,9552023Assets 2024: $42,409Net Assets 2024: $42,4092024

Highlighted filing

2024

Assets$42,409
Liabilities-
Net Assets$42,409
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2021: $100,000Expenses 2021: $15Net Income 2021: $99,9852021Expenses 2022: $9,4922022Expenses 2023: $39,5382023Expenses 2024: $8,5462024

Highlighted filing

2024

Revenue-
Expenses$8,546
Net Income-
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,409
Liabilities
-
Net assets
$42,409
Revenue
-
Expenses
$8,546
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.00$1.00$1.00$0.00$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 15, 2025
Return Version
2024v5.0
Mission and Program Overview

Mission

To provide improved safety in recreational and competitive sailing through research and education and hands on experience.

Program Services

DescriptionGrantsExpenses
TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.-$8,546
TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLIN CLARKEPresident/Di-$0--
KARA CLARKESecretary-$0--
JAMESON CLARKETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sailsafe Foundation Ltd
EIN
84-4029949
Phone
5162419895
Address
122 COUNTRY CLUB DRIVE, MANHASSET, NY 11030

Signing Officer

Name
Colin Clarke
Title
President/director
Phone
5162419895
Signed
2025-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Kvlsm Llp
Address
415 CROSSWAYS PARK DR STE C, WOODBURY, NY 11797-2055
Preparer
Jay Lipner CPA
Phone
5162940400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses filing fees 25 non-investment depreciation 5,821 total 5,846”

Form 990-ez, Part II, Line 24

“24,255 24,255 less accumulated depreciation 9,702 15,523 total 14,553 8,732”

Form 990-ez, Part III

“To provide improved safety in recreational and competitive sailing through research and education and hands on experience.”

Form 990-ez, Part III, Line 31

“To provide improved safety in recreational and competitive sailing through research and education and hands on experience.”

Raw XML Appendix116 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum05162419895
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MANHASSET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08546
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08546
IRS990EZ/TotalProgramServiceExpensesAmt08546
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0100000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100000
IRS990ScheduleA/TotalSupportAmt0100000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES FILING FEES 25 NON-INVESTMENT DEPRECIATION 5,821 TOTAL 5,846
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt124,255 24,255 LESS ACCUMULATED DEPRECIATION 9,702 15,523 TOTAL 14,553 8,732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
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ReturnHeader/Filer/EIN0844029949
ReturnHeader/Filer/PhoneNum05162419895
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ReturnHeader/PreparerPersonGrp/PhoneNum05162940400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY LIPNER CPA
ReturnHeader/ReturnTs02025-05-07T17:27:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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